Breakout Signal

Show big bars closing on the high or low

This script allows you to find highlighted bars (bullish green and bearish red ) for bars that close with a particular Internal Bar Strength and ATR. I set the default at showing bars with an ATR > ATR10 and the IBS can be effected to show if the bar closes at its high or low.

I also put a EMA filter here. i usually set this quite low to about 7 but can be changed depending on your preference.